Page 56 - ALEF EDUCATION PR REPORT FEBRUARY 2025

2/25/25, 5:00 PM Alef Education Sustains Strong Growth in 2024, Achieves Revenues of AED 759M with EBITDA Surging 5% - Middle East Business…
Alef Education Sustains Strong Growth

in 2024, Achieves Revenues of AED

759M with EBITDA Surging 5%

February 14, 2025 9

Net Profit before tax rises to AED 491.7 million on the back of stable revenue performance,
with margin expansion increasing to 65%.

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EBITDA surged by 5% year-on-year to reach AED 512.2 million, reaffirming Alef Education’s
solid financial foundation and resulting in an EBITDA margin of 67.5%, reflecting our

market-leading profitability profile.

Revenues reach AED 759 million, driven by the resilience of long-term B2G contracts and a

rapidly expanding B2B presence.

B2B segment recorded impressive growth, doubling its market share of private schools in

the UAE.

Shareholder returns remain a top priority with a minimum guaranteed payout of AED 135
million for its 20% free-float shareholders in each financial year 2024 and 2025. In Q3 2024,

AED 67.5 million was distributed to free-float investors, bringing the total dividends paid to
AED 203.6 million. This implies an interim dividend for free-float shareholders of AED 0.05

per share, with the current dividend yield reaching approximately 8.7%.

Alef Education Holding Plc (Alef Education), an award-winning AI-driven learning solutions
provider based in Abu Dhabi, has announced its financial results for the period ending 31

December 2024, marking the third set of results since its ADX debut in June 2024.

Alef Education reported a 6% increase in profit before tax to AED 491.7 million, driven by a

solid revenue foundation from long-term contracts and a focus on achieving significant cost
efficiencies throughout its operations.

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